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A sample of automobile batteries is tested. The distribution of battery life is found to be mound-shaped and symmetrical (normal) with a mean life of 36 months and a standard deviation of 6 months. The batteries carry a 24-month guarantee. What percent of batteries will fail in less than 24 months?
you are starting your own internet business. you decide to form a company that will sell cookbooks online.
Managers are very interested in how a consumer makes a choice among alternatives. In this exercise, we ask you to consider the amount of money you spend purchasing gasoline to operate your automobile for a month and any alternatives available to y..
Construct the Coutrnot profit function. Differentiate this function and solve for the reaction functions of firm one and firm two.
the concept of social security as originally envisioned by president roosevelt the viability of social security within
Assume that every citizen of country X has the utility function of u(x, y) = 5x+4y. Say that x denotes cigarettes and y denotes alcohol. The government of country X receives revenue from alcohol and cigarrete purchases but wants to curb alcohol co..
your university is probably an m-form organization. its president administers schools for example a college of business
You will be drafting a power of attorney giving this person the right to act as your "agent" on your behalf for all matters involving the listing, sale and closing of your house. Make a list of the provisions and considerations you want to be cert..
1. dene gross national expenditure in words and state it in equation form.2. dene the trade balance in words and state
Calculate the point cross price elasticity of demand with respect to the price of competing television sets (P C ) at the values represented in question six and calculate the point income elasticity of demand for HD televisions at the values represen..
Show that if oil is produced from two reservoirs, one with high marginal cost and one with low marginal cost, it is not possible for the Hotelling rule to be satisfied for each reservoir simultaneously. Give two reasons that oil might be produced ..
Each of 50 golf clubs in the Niagara Region has a demand for generic advertising of Q = 200 - P. Ads cost $3000 each. How many ads will the clubs want to purchase as a group?
What market structure would an economist classify a large wheat farm business in? Also, given that structure, what business strategies can be employed to maximize the profit?
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